Credit Cards Center Credit cards from our partners
Regular Contributor
Posts: 125
Registered: ‎06-29-2008

cc balance question

hi. getting ready to make my payment to cap one. my balance is $245.43

how much of that should i pay down to have utilization percentage right?

i some people say 30-35% some say 9%.  the limit of course is 500, i left

$132 last month, my scores didn't change but i think if it was a little lower

my scores would have have went up a little. i was thinking maybe to pay a $150

of it. any advice? oh also have a orchard card just paid that. had a balance of

83.00 paid 75.00 of it. left a $8 balance. again advice would be appreciated

Valued Contributor
Posts: 3,302
Registered: ‎06-09-2010

Re: cc balance question

Since you left $8 on your Orchard card I would pay Cap One in full. 



Good Luck
May all your dreams and wishes become a reality!
Moderator Emerita
Posts: 28,098
Registered: ‎04-01-2007

Re: cc balance question

Since your Orchard is going to report a balance, just pay off the Cap One,


Well, actually, it won't be the balance on your Orchard statement that reports. Orchard (and HSBC bank cards and US Bank CC's) report the balance as of the last business day of the month, not the statement balance.


Let one card report $10. So either pay your Cap One in full and toward the end of the month get your Orchard balance down to $10, or leave $10 on the Cap One and make sure that your Orchard is PIF'd by the end of the month.


Whichever one you leave a balance on, don't forget to pay off that remaining $10 after it updates to the bureaus. That's awfully easy to do.  Smiley Tongue

* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.